EURCAD Long
Daily:
As we can see price has reached major support level.
using the trend line bounce strategy we see price making its 3rd touch/bounce off the streamline ( the more it touches the stronger it becomes )
we also see a catalyst on the daily chart. a bullish kangaroo tail candlestick.
for entry we wait for price to move above the high of the catalyst candlestick.
As we can see price has reached major support level.
using the trend line bounce strategy we see price making its 3rd touch/bounce off the streamline ( the more it touches the stronger it becomes )
we also see a catalyst on the daily chart. a bullish kangaroo tail candlestick.
for entry we wait for price to move above the high of the catalyst candlestick.
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